Today's Market Recap
Stay informed with current mortgage rates and market insights updated automatically.
Current Mortgage Rates
National averages from the Federal Reserve Economic Data (FRED)
Market Insights
Housing Market Trends
- •Inventory: Housing inventory remains tight in many markets, creating competitive conditions for buyers
- •Prices: Home prices continue to show resilience with moderate year-over-year appreciation in most regions
- •Days on Market: Well-priced homes are selling quickly, especially in desirable neighborhoods
What This Means For You
For Buyers:
Even with current rates, getting pre-approved early positions you to move quickly when you find the right property.
For Sellers:
Lower rates bring more buyers to the market. Price your home competitively and take advantage of strong demand with our low 2% listing fee.
When Should You Lock Your Rate?
- • Rates are trending upward
- • You found your home
- • Economic indicators suggest increases
- • You're satisfied with current rates
- • Rates are trending downward
- • You're still house hunting
- • Working on improving credit
- • Market shows signs of softening
Rate locks typically last 30-60 days. Coordinate with your lender to ensure your lock period covers your closing date. You can always refinance later if rates drop significantly.
Rate Context
Current rates remain below the long-term historical average, making homeownership more accessible than many previous decades.
Ready to Take Advantage of Today's Rates?
Whether you're buying or selling, we're here to help you make the most of current market conditions.